Former Emir of Kano, Muhammad Sanusi II, has said Nigerians should rather embrace the re-energize of the cashless policy by the Central Bank of Nigeria (CBN) considering its ingenuity to the nation’s economy.
Although Sanusi pointed out that the present management of the apex bank is only enforcing what he initiated 12 years ago when he was the Governor, he declared that full enforcement would no doubt restore sanity to the nation’s financial sector.
In a short video released on social media on Sunday, the 14th emir of Kano disclosed that the policy among other benefits would hinder selfish politicians from deploying their financial muscles to rig next year’s election.
Sanusi who also faulted the criticism by some groups over the policy reminded that the political elites who might be instigating the agitation had left the poor masses in abject poverty in the last eight years. He noted that the elites were simply interested in the policy because it would cripple their ways to rig the elections.